The Government of India has appointed two more members on the Central Board of Directors of the Reserve Bank of India. The new Directors are:
1. Shri Y.H. Malegam, who has been re-appointed from October 7, 2011 vice Shri H. P Ranina.
2. Prof. M.V. Rajeev Gowda who has been appointed from October 17, 2011 vice Shri Lakshmi Chand.
Shri Malegam is a renowned Chartered Accountant. He is also the Chairman of the National Advisory Committee on Accounting Standards, and has been a past President of Institute of Chartered Accountants of India. Prof. Gowda is Professor of Economics and Social Sciences, Indian Institute of Management, Bangalore. Both the members have been appointed for a period of four years. Prof. Gowda has also been appointed as a Member of the Local Board Southern Area. Last month, the Government of India nominated seven new members reconstituting the Reserve Bank of India Central Board.
Moneycontrol
